VF Corp. Outlook Revised to Pos by S&P; Ratings Afrmd - S&P Global Ratings’ Credit Research

VF Corp. Outlook Revised to Pos by S&P; Ratings Afrmd

VF Corp. Outlook Revised to Pos by S&P; Ratings Afrmd - S&P Global Ratings’ Credit Research
VF Corp. Outlook Revised to Pos by S&P; Ratings Afrmd
Published Jan 07, 1998
Published Jan 07, 1998
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Abstract:

NY -- Standard&Poor's CreditWire 1/7/98 -- Standard&Poor's today revised its ratings outlook on VF Corp. to positive from stable, reflecting improved operating results. The single-'A'-minus long-term corporate credit and senior debt ratings of the company, as well as the 'A-2' short-term corporate credit and commercial paper ratings, were affirmed. Ratings are based on VF's strong market share in jeanswear and its leading brand names in intimate apparel and activewear, coupled with solid financial measures. These factors are somewhat offset by the competitive and volatile nature of the apparel industry. Jeanswear, accounting for about 54% of 1996's total revenues and 70% of operating profit, is the company's largest business group and also generates the highest margins. Revenues

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Apparel , Accessories & Luxury Goods (25203010)
Sector
Global Issuers
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "VF Corp. Outlook Revised to Pos by S&P; Ratings Afrmd" Jan 07, 1998. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/VF-Corp-Outlook-Revised-to-Pos-by-S-P-Ratings-Afrmd-11055>
  
APA:
S&P Global Ratings’ Credit Research. (). VF Corp. Outlook Revised to Pos by S&P; Ratings Afrmd Jan 07, 1998. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/VF-Corp-Outlook-Revised-to-Pos-by-S-P-Ratings-Afrmd-11055>
  
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